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GILBERT ASSOCIATES PURCHASES MARK IV INDUSTRIES' FEMCO DIVISION

 READING, Pa., Dec. 21 /PRNewswire/ -- Gilbert Associates, Inc. (NASDAQ: GILBA) today announced that its GAI-Tronics Corporation subsidiary has purchased the assets and business of the Femco Division of Mark IV Industries, Inc. (NYSE: IV)
 Gilbert said the purchase was completed today. Terms were not disclosed.
 GAI-Tronics is a leading producer of communications equipment and systems for demanding environments, including petrochemical facilities, power plants and mass transit systems.
 Femco manufactures compatible industrial communication, control and data acquisition equipment for use in mines, steel mills, rail yards, power plants, petrochemical plants and various other areas. Femco, of High Point, N.C., has about 100 employees.
 Through its operating subsidiaries, Gilbert Associates provides professional services and products to a variety of markets. In addition to GAI-Tronics, Reading, its subsidiaries include Gilbert/Commonwealth, Inc., Reading; United Energy Services Corporation, Atlanta; and Resource Consultants, Inc., Vienna, Va.
 /delval/
 -0- 12/21/92
 /CONTACT: James R. Itin of Gilbert Associates, 215-775-5900/
 (GILB)


CO: Gilbert Associates, Inc.; GAI-Tronics Corporation; Mark IV
 Industries, Inc. ST: Pennsylvania, North Carolina IN: SU: TNM


CC-LJ -- PH017 -- 8813 12/21/92 12:45 EST
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Publication:PR Newswire
Date:Dec 21, 1992
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